DuckPond Technologies, a Baton Rouge, LA-based startup developing enterprise software and Hip-Hop infused sports gaming apps, raised $1.5m in Series Seed-1 funding on a $50 Million post-money valuation.
The round, which follows an initial convertible debt round of $1m, was led by Mr. James Moor.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Dartanyon A. Williams, DuckPond Technologies is focused on developing enterprise software and innovative products that improve company efficiency and enhance the quality of life for consumers across various industries. Its first product offering will be a mobile sports game labeled Hip-Hop Golf, which is due to be introduced in August of 2023 to commemorate the 50th anniversary of Hip-Hop as a culture and global phenomenon. The gaming app will initially be available on the App Store and Google Play.
Hip-Hop Golf is the first of 10 planned games in a series appropriately titled Hip-Hop Sportz. Each game will allow users to play selective sports in a digital, urbanized MetaVerse, at preferred locations around the world in colorful environments infused with the culture and attitude of Hip-Hop. The Hip-Hop Sportz ecosystem is designed as a decentralized consumer-first technology that will have immersive virtual and augmented reality capabilities, crypto programming, zip-vertising, and non-fungible, scalable digital real estate transactions.
FinSMEs
10/08/2022